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Newark agrees to pay $27M to lease property it sold for $1

Newark agrees to pay M to lease property it sold for
The city of Newark, N.J. has agreed to pay $27 million over 30 years to rent property that it previously sold in 2017 for just $1, leading some to question why the city didn’t just hold on to the land in the first place. “We’re paying them for something that we gave them. This is…

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